USDSGD set for breakout

The US dollar against the Singapore dollar is on the verge of completing a bullish continuation pattern, says Sejul Gokal at Go-Technikal Insight.  A upward breakout from an ascending triangle pattern would see a target of 1.3959. This level represents the 61.8% retracement level of the 2017/18 bear market low. Breaks about the 100 and 200-day moving averages completes the bullish outlook.

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